Hyundai Heavy Industries (HHI) has signed a memorandum of understanding to establish an industrial cluster for localising marine equipment between marine equipment manufacturing and supply companies.

A historic deal between Iran and a six nation consortium- “P5+1”, was reached last week; an important feature of the deal is the lifting of sanctions that have been in place against Iran. The questions on the minds of shipping people boil down to ...

Alternative investment firm Uni-Asia has set up a new wholly-owned subsidiary in South Korea to promote the company’s ship-related services in the East Asian country.

India’s Prime Minister Narendra Modi visited South Korea’s Hyundai Heavy Industries (HHI) on Tuesday to seek greater partnership between Indian shipyards and HHI.

Lee Joon-seok, captain of the South Korean ferry Sewol, has been found guilty of the murder of 304 people by an appeals court and his sentence has been upped to life imprisonment.

South Korean authorities will attempt to raise the Sewol ferry, which claimed more than 300 lives, many of them children, when it capsized and sank just over a year ago.

South Korea’s Hyundai Heavy Industries (HHI) has completed the first phase of a four-year plan to localise the procurement of offshore facilities equipment and components.

Oil exports from the US were back in focus, as it was revealed that a cargo of Alaskan North Slope (ANS) oil was on the water bound for South Korea, aboard the US flag tanker Polar Discovery,owned by Conoco Phillips, 141,000 dwt built 2003 at...

Shell’s ambitious Prelude Floating LNG project has seen a major step forward after the giant turret module, the world's tallest at almost 100 m high, set sail from Dubai bound for Samsung Heavy Industries' Geoje yard in South Korea.

Yoo Byung-eun, fugitive billionaire owner of the sunken Korean ferry Sewol, has been found dead in a field.